First Solar Inc (FSLR)

[asdgwest]

$FSLR there's no support, so I had to gather and use the numbers from the high price and fibonacci. here it is.


$FSLR 175-30)/175 * 100 = 82.8% ||| 50-(82.8/100 * 50 )= $8.6 ||| Stock analyst calc=$9.23 ||| Fibo -260%=$3.50~$4.00


I'm guessing there will be a catalyst news to draw the long red candle in anyday. It could be a letter from SEC for S$P compliance, another layoff, selling part of assets, stock split, etc.

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